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REOs Get Pricier, Report Shows

Buying a Home

REO prices have risen 5.5 percent over the last year, whereas market sales prices have fallen 2.9 percent, Clear Capital reports in its April housing data index. Investors are snatching up REOs, fueling price gains for distressed properties. Clear Capital, which measures median price per square foot, finds that REO prices are rising at a much quicker pace than prices for non-REO sales. “Should investor interest continue to drive the expansion of REO-to-rental programs over the next several months, there […]

U.S. Homeownership Rate at 15-Year Low

Buying a Home

The rate of U.S. citizens who live in a home they own fell to 65.4 percent in the first quarter, the lowest point 15 years, the Census Bureau reports. The rate is down from 66 percent in the fourth quarter of 2011, 66.4 percent in the first quarter of last year, and a high of 69.2 percent in 2004 before the housing bubble popped. Homeownership among Americans aged 35 and younger has declined to the lowest level since 1994, and […]

Featured Mount Hood Gay Realtor: Gary, RE/MAX Signature Properties

Buying a Home

We are serving clients from Portland to Mt. Hood and the coast. We are accredited buyer representatives and serve our community by representing our clients who are buying and/or selling in our region. We have referrals for gay and gay friendly mortgage brokers and home inspectors so you know you will be treated with respect throughout your real estate transaction. Give us a call today and lets get you on your way!! Our team consists of gay and lesbian members […]

Bidding Wars Catch Buyers Off-Guard

Buying a Home

Home buyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought bidding wars were done with,” Andy Aley, a home shopper in Seattle, told The Wall Street Journal. Aley says he was outbid on a home earlier this year, even though he offered to pay $23,000 above the listing price […]

5 Countries Where Housing Prices Are Soaring

Buying a Home

Worldwide, real estate prices have made large gains over the last five years, which has raised fears in many countries about brewing housing bubbles. In the last five years, China alone has seen prices soar more than 110 percent. The sudden spike in home prices has led the government take several efforts to try to curtail the rapid growth, such as by limiting multiple home purchases, raising interest rates, and increasing bank reserve requirements. So where are the world’s hottest […]

Featured Oregon City Gay Realtor: Michael, McKenzie-Baker Properties

Buying a Home

Opera, Golden Retrievers, and Real Estate ~ These are important to me but the most important thing to me is our relationship. Regardless of whether you are selling a home you have loved and cared for, or are buying a new home and starting a new adventure, I will be there for you. I will guide you and advocate for you, striving to help you achieve your goals as easily as possible. This relationship will not end when our business […]

Open Houses Important Piece in Marketing, Agents Say

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Open houses are still an important component of marketing a home for-sale to many real estate professionals, according to a real estate lead generation company. The REALTOR® Nationwide Open House Weekend event wrapped up this past weekend, as agents across the country held an estimated 31,078 open houses. Sixty percent of Inman News readers say open houses and working with a wholesale backdrops printing company are a part of their marketing strategy, according to the poll of 218 real estate […]

RE/MAX Survey: ‘Market is Heating Up’

Buying a Home

Nearly 70 percent of real estate agents recently polled predict home prices will rise by the end of this year, particularly among homes in the low and mid-price ranges, according to the RE/MAX Market Insights, an online survey of more than 1,000 RE/MAX agents. “This market is definitely heating up,” says Margaret Kelly, RE/MAX CEO.  “[Real estate agents] are witnessing a recovery across the country fueled by home buyers and sellers taking advantage of a significant market opportunity.” More real […]

Gay Realtor Bob

Featured Portland Gay Realtor: Bob, Lee Davies Real Estate

Other

My most important job is listening to my clients not only in the initial interview but also as they tour prospective properties allowing me to search properties through their eyes. Once the desired property is located I work with other team members to ensure all aspects of the transaction are completed smoothly Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions: ABR, SRES   Specialties: The majority of my time […]

New Home Construction

Homebuilder PulteGroup 1Q losses shrink

Other

PulteGroup ($10.27 0.24%) reported first-quarter losses of $12 million, or 3 cents a share, reducing its year-ago losses of $40 million, or 10 cents a share. The Bloomfield Hills, Mich.-based homebuilder met analyst expectations of 3 cents a share, according to Zacks Investment Research, buoyed by a dramatic increase in land sale revenues. Home sale revenues in the first quarter increased 4% to $814 million from $782 million a year earlier. The rise in revenue reflects a 5%, or $12,000, […]

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